Janney Montgomery Scott LLC Purchases 10,820 Shares of Clear Secure, Inc. (NYSE:YOU)

Janney Montgomery Scott LLC increased its position in shares of Clear Secure, Inc. (NYSE:YOUFree Report) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 330,552 shares of the company’s stock after purchasing an additional 10,820 shares during the period. Janney Montgomery Scott LLC owned approximately 0.22% of Clear Secure worth $6,294,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Durable Capital Partners LP grew its stake in Clear Secure by 25.5% in the 1st quarter. Durable Capital Partners LP now owns 10,751,370 shares of the company’s stock worth $288,997,000 after acquiring an additional 2,184,428 shares in the last quarter. Vanguard Group Inc. grew its stake in Clear Secure by 143.5% in the 1st quarter. Vanguard Group Inc. now owns 3,258,957 shares of the company’s stock worth $87,601,000 after acquiring an additional 1,920,329 shares in the last quarter. BlackRock Inc. grew its stake in Clear Secure by 31.5% in the 2nd quarter. BlackRock Inc. now owns 7,086,010 shares of the company’s stock worth $164,183,000 after acquiring an additional 1,696,921 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Clear Secure by 86.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 3,260,048 shares of the company’s stock worth $75,535,000 after acquiring an additional 1,510,168 shares in the last quarter. Finally, State Street Corp grew its stake in Clear Secure by 606.0% in the 2nd quarter. State Street Corp now owns 1,007,168 shares of the company’s stock worth $20,143,000 after acquiring an additional 864,515 shares in the last quarter. 64.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

YOU has been the topic of a number of research analyst reports. The Goldman Sachs Group upped their target price on shares of Clear Secure from $24.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. TheStreet upgraded shares of Clear Secure from a “d+” rating to a “c-” rating in a research note on Friday, December 22nd. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Clear Secure in a research note on Wednesday, January 24th. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $20.00 price objective on shares of Clear Secure in a research note on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Clear Secure currently has a consensus rating of “Hold” and a consensus target price of $30.17.

View Our Latest Research Report on Clear Secure

Clear Secure Stock Up 1.2 %

NYSE:YOU opened at $19.54 on Monday. The firm has a 50 day moving average of $20.98 and a 200 day moving average of $20.39. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 977.00 and a beta of 1.54. Clear Secure, Inc. has a 52 week low of $15.28 and a 52 week high of $32.73.

Clear Secure Profile

(Free Report)

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and enhance the experience for existing members.

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Institutional Ownership by Quarter for Clear Secure (NYSE:YOU)

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